In The News

Driver turnover, payrolls continue to fall

Driver turnover rates and payrolls continued to fall during the second quarter of this year, the American Trucking Associations said.


The large-truckload line-haul driver turnover annualized rate dropped to 85 percent during the quarter, the lowest since 1998’s first quarter. Large-truckload driver turnover peaked at 136 percent in the fourth quarters of 2004 and 2005 and was 103 percent in the first quarter of this year.


The small-truckload rate decreased 4 percentage points to 76 percent in this year’s second quarter, the lowest rate since the first quarter of 1999. The LTL turnover rate decreased from a 14 percent annualized rate in the first quarter to 6 percent in the second quarter.


During this year’s second quarter, the three trucking categories reduced payrolls, following a trend of five consecutive quarters of increases.


Small truckload carriers reported reductions in all employee types, with a total decrease of 0.8 percent. Large truckload carriers recorded a 0.3 percent cut in total employment. LTL payrolls fell 0.4 percent in the second quarter.